Value Line® Target 25 Portfolio, 1st Quarter 2020 Series
Ticker Symbol: FHVJZX
|25 Holdings (As of Day of Deposit)
||Allegion Public Limited Company
||Cable One, Inc.
||Carlisle Companies Incorporated
||CSG Systems International, Inc.
||Douglas Dynamics, Inc.
||Edwards Lifesciences Corporation
||FTI Consulting, Inc.
||Gibraltar Industries, Inc.
||Lamb Weston Holdings, Inc.
||Leggett & Platt, Incorporated
||Lockheed Martin Corporation
||Pan American Silver Corp.
||Taiwan Semiconductor Manufacturing Company Ltd.
||Teledyne Technologies Incorporated
||Tyler Technologies, Inc.
*As of the close of business on 1/8/20. Market values are for reference only and are not indicative of your
individual cost basis. Holdings were selected by applying each strategy as described in the prospectus.
|Not FDIC Insured Not Bank Guaranteed May Lose Value
|Initial Offering Date
|Initial Public Offering Price
||$10.00 per Unit
|Portfolio Ending Date
|Fee Accounts Cash CUSIP
|Fee Accounts Reinvestment CUSIP
|Sales Charges (based on a $10 public offering
|Transactional Sales Charges:
|Creation & Development Fee:
|Maximum Sales Charge:
|Maximum Sales Charge:
The deferred sales charge will be deducted in three monthly installments commencing
When the public offering price is less than or equal to $10.00 per unit, there will be no initial sales charge. If
the price exceeds $10.00 per unit, you will pay an initial sales charge.
The maximum sales charge for investors in fee accounts consists of the creation and development fee.
Investors in fee accounts are not assessed any transactional sales charges. Standard accounts sales charges
apply to units purchased as an ineligible asset.
The creation and development fee is a charge of $.050 per unit collected at the end of the initial offering
period. If the price you pay exceeds $10.00 per unit, the creation and development fee will be less than 0.50%;
if the price you pay is less than $10.00 per unit, the creation and development fee will exceed 0.50%.
In addition to the sales charges listed, UITs are subject to annual operating expenses and organization costs.
An investment in this unmanaged unit investment trust should
be made with an understanding of the risks involved with owning common stocks, such as an
economic recession and the possible deterioration of either the financial condition of the issuers
of the equity securities or the general condition of the stock market. In addition, the portfolio is
heavily weighted in only a few stocks, making it more volatile than an equally weighted portfolio.
You should be aware that the portfolio is concentrated in stocks in the information technology sector which
involves additional risks, including limited diversification. The companies engaged in the information
technology sector are subject to fierce competition, high research and development costs, and their products
and services may be subject to rapid obsolescence. Technology company stocks, especially those which are
Internet-related, may experience extreme price and volume fluctuations that are often unrelated to their
An investment in a portfolio containing small-cap and mid-cap companies is subject to additional
risks, as the share prices of small-cap companies and certain mid-cap companies are often more
volatile than those of larger companies due to several factors, including limited trading volumes,
products, financial resources, management inexperience and less publicly available information.
An investment in a portfolio containing equity securities of foreign issuers is subject to additional risks,
including currency fluctuations, political risks, withholding, the lack of adequate financial information, and
exchange control restrictions impacting foreign issuers. Risks associated with investing in foreign securities
may be more pronounced in emerging markets where the securities markets are substantially smaller, less
developed, less liquid, less regulated, and more volatile than the U.S. and developed foreign markets.
As the use of Internet technology has become more prevalent in the course of business, the trust
has become more susceptible to potential operational risks through breaches in cybersecurity.
The value of the securities held by the trust may be subject to steep declines or increased volatility
due to changes in performance or perception of the issuers.
“Value Line”, “The Value Line Investment Survey”, and “Timeliness,” are trademarks or registered trademarks of Value Line, Inc. (“Value Line”)
and have been licensed for use for certain purposes by First Trust Portfolios L.P. This product is not sponsored, endorsed, recommended, sold or
promoted by Value Line and Value Line makes no representation regarding the advisability of investing in products utilizing such strategy. First
Trust Portfolios L.P. is not affiliated with any Value Line company.